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Analysis

As Lyft, Uber Go Public, Drivers' Status Is Still Murky

By Cara Bayles ( April 12, 2019, 9:08 PM EDT) -- Uber placed second on Thursday in the ride-share race to go public, filing registration papers with the U.S. Securities and Exchange Commission weeks after its main competitor. But while Lyft may have lapped Uber, the tech companies are using the same maneuver with their initial public offerings: giving longtime drivers bonuses they can use to purchase stock....

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